BitMEX's actions likely to scare off mainstream institutions, former CBOE trader says

[newshunter]

BitMEX's actions likely to scare off mainstream institutions, former CBOE trader says

BitMEX not playing by the rules today means added regulatory consequences tomorrow.

Source: BitMEX's actions likely to scare off mainstream institutions, former CBOE trader says

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[cryptopediabd]

Cryptocurrency derivatives exchange BitMEX has not played ball by U.S. regulatory rules, which hurts the crypto industry as a whole, according to David Carman, a former veteran Chicago Board Options Exchange trader. Carman currently helps head up a Chicago-based global crypto regulatory association, seeking to bring regulatory clarity to the industry.